Best quotes by Janet Yellen on Inflation

Checkout quotes by Janet Yellen on Inflation

• ‟ Efforts to promote financial stability through adjustments in interest rates would increase the volatility of inflation and employment. As a result, I believe a macro-prudential approach to supervision and regulation needs to play the primary role.

  - Janet Yellen
  

• ‟ Although most Americans apparently loathe inflation, Yale economists have argued that a little inflation may be necessary to grease the wheels of the labor market and enable efficiency-enhancing changes in relative pay to occur without requiring nominal wage cuts by workers.

  - Janet Yellen
  

• ‟ To me, a wise and humane policy is occasionally to let inflation rise even when inflation is running above target.

  - Janet Yellen
  

• ‟ I'm just opposed to a pure inflation-only mandate in which the only thing a central bank cares about is inflation and not employment.

  - Janet Yellen
  

• ‟ Uncertainty about sales impedes business planning and could harm capital formation just as much as uncertainty about inflation can create uncertainty about relative prices and harm business planning.

  - Janet Yellen
  

• ‟ My bottom line is that monetary policy should react to rising prices for houses or other assets only insofar as they affect the central bank's goal variables - output, employment, and inflation.

  - Janet Yellen